Most of the flagged cases in December involved returns where exemptions or deductions were claimed in the ITR but did not ...

According to the Income Tax Department’s latest figures, about 8.80 crore returns have been filed for the Assessment Year ...

India’s economic footprint extends far beyond its borders. Millions of Indians living abroad continue to hold property, ...

Over 63 lakh income tax returns for Assessment Year 2025-26 remain unprocessed, delaying refunds for many taxpayers despite the December 31 deadline for belated filings. , Economy, Times Now ...

The issue was whether revision could be invoked despite detailed verification of unsecured loans during scrutiny. The ITAT ...

The issue was whether SEZ deduction could be denied for alleged late filing of Form 56F. The Tribunal held that filing within the CBDT-extended deadline was valid and CPC erred in disallowance. The ...

In case of a one-time deposit with a clear explanation, it may not raise many eyebrows. Repeated large cash deposits made ...

Income tax refund delays beyond December 31 are not uncommon, as there is no penal consequence for the department during this ...

Addressing the media on Tuesday, NSFAS revealed that it received a record 893,847 applications from first-time entering ...

The Gujarat High Court quashed proceedings reopening the assessment of a man whose income had allegedly escaped assessment, ...

The National Pension System (NPS) is a voluntary, defined-contribution pension plan designed to help individuals build a ...

Examine the DAVPGC Varanasi students' dual-layered scholarship program. Understand the college's autonomous administrative ...